Malaysia My Second Home (MM2H): A Residency Pathway for Global Citizens
For decades, Malaysia has welcomed foreign retirees, investors, and long-stay expatriates through its Malaysia My Second Home (MM2H) programme. It’s a unique initiative that allows foreigners to reside in Malaysia on a long-term basis, with the added bonus of owning property, enjoying a relatively low cost of living, and experiencing the country’s tropical lifestyle. But what exactly is MM2H today and is it still worth considering?
What is MM2H?
Originally launched in 2002, MM2H is a long-term visa programme that grants successful applicants a multiple-entry visa valid for 5 to 20 years, depending on the chosen tier. While it doesn’t lead to permanent residency or citizenship, it offers long-term stability and flexibility for foreign residents.
The latest version of MM2H includes three main tiers Silver, Gold, and Platinum. Each tier has its own requirements in terms of age, financial standing, and property investment. For example, the Silver tier typically requires a fixed deposit of around USD 150,000 and allows applicants aged 25 and above. The Gold and Platinum tiers raise the fixed deposit requirement to USD 500,000 and USD 1 million, respectively, offering longer visa validity and higher investment privileges.
Applicants aged 50 and above benefit from reduced deposit thresholds. Additionally, participants can withdraw up to 50% of the deposit to fund property purchases, education, or healthcare expenses in Malaysia.
Who Is It For?
The MM2H programme is ideal for:
Retirees seeking an affordable, culturally rich home base.
Investors looking to diversify in a stable Southeast Asian market.
Families drawn to Malaysia’s reputable international schools and healthcare.
Digital nomads and business owners needing a base in Asia.
MM2H and Real Estate
Although MM2H is not required to buy property in Malaysia, it can be an attractive complement. For instance, buyers who wish to stay long-term, rent out their units, or enjoy tax incentives may find the MM2H framework useful. Certain developers, including those behind R&F Princess Cove in Johor Bahru, even offer incentives to MM2H applicants such as waiving state levies and legal fees.
With Johor’s ongoing transformation, powered by initiatives like the Johor-Singapore Special Economic Zone (JS-SEZ) and the Rapid Transit System (RTS) link, foreign interest in developments near the border is rising. MM2H applicants have the flexibility to own homes in Malaysia while benefiting from proximity to Singapore’s economy and amenities.
Why Malaysia?
Compared to similar long-stay visa programmes in the region, such as Thailand's Elite Visa or Indonesia's Second Home Visa, MM2H remains competitive. It combines relatively low financial thresholds with lifestyle advantages and family inclusivity. The 90-day annual residency requirement is also cumulative, offering part-time residents considerable leeway.
What to Consider
The application process is straightforward but can vary depending on which state the applicant applies from, and it’s wise to engage experienced consultants. The rules and benefits may evolve, so staying updated or working with developers familiar with MM2H requirements like R&F, can ease the process significantly.
Final Thoughts
MM2H offers a well-balanced entry point for those eyeing Malaysia for retirement, lifestyle, or investment. With the growing buzz around Johor’s infrastructure upgrades and affordable property prices, there’s a compelling case for considering MM2H now, especially if you’re exploring projects like R&F Princess Cove, just minutes from Singapore by foot.
Curious about whether MM2H fits your plans? Reach out for personalised guidance or to explore Johor’s most strategic properties.